IKF Technologies Ltd has informed that the Board of Directors of the Company at its meeting held on May 15, 2009, inter alia, have conducted the following business:
1. The Board Considered and Approved various Agreements like Placing Agreement, Deposit Agreement and the Escrow Account Agreement in respect of the GDR issue.
2. The Board has considered and approved the offering circular filed at Luxembourg Stock Exchange.
3. The board has approved the allotment of 162,391,440 equity shares of Rs 1/- each underlying 5,413,048 GDRs issued in the name of Depositary (The Bank of New York Mellon).
1. The Board Considered and Approved various Agreements like Placing Agreement, Deposit Agreement and the Escrow Account Agreement in respect of the GDR issue.
2. The Board has considered and approved the offering circular filed at Luxembourg Stock Exchange.
3. The board has approved the allotment of 162,391,440 equity shares of Rs 1/- each underlying 5,413,048 GDRs issued in the name of Depositary (The Bank of New York Mellon).
No comments:
Post a Comment